Crypto Facilities Gets FCA Nod to Set up Crypto Futures Venue

Crypto Facilities, a subsidiary of Kraken cryptocurrency exchange, has obtained a Multilateral Trading Facility (MTF) license from the UK’s Financial Conduct Authority (FCA). An MTF is a European regulatory term for a self-regulated financial trading venue. MTFs are an alternative to a traditional stock exchange where a market is made in securities, typically using electronic … Read more

Markets Update: Bitcoin Cash Rockets Forward Leading the Crypto Bull Rally

Cryptocurrency prices have improved a great deal over the last seven days and many digital assets saw a significant spike in value on April 2. The entire market capitalization of all 2,000-odd coins is steadily approaching $200 billion. The market forerunner so far is bitcoin cash (BCH), which is up well over 45% in the … Read more

CME Group’s Bitcoin Futures See a Surge of Institutional Interest

The Chicago Mercantile Exchange (CME Group) has seen a big spike in bitcoin futures volumes according to an internal investors email sent to clients on Feb. 19. CME Group’s note explains that last Tuesday’s BTC-based futures volumes touched a new record with 18,338 contracts traded and the firm says increased volumes may be due to … Read more

Kraken Acquires British Derivatives Platform Crypto Facilities

Cryptocurrency exchange Kraken has acquired Crypto Facilities, a British digital asset trading platform and index provider, in an undisclosed “nine-figure” deal. The acquisition means that Kraken will now be able to offer both spot and futures trading in bitcoin core, bitcoin cash, ripple, litecoin and ethereum while boosting revenue by attracting institutional customers. Also read: Cryptocurrency … Read more

Crypto Facilities Launches Perpetual Futures on Five Cryptocurrencies

UK-based cryptocurrency exchange platform Crypto Facilities has launched perpetual futures contracts on five cryptocurrencies. The platform is registered with the country’s Financial Conduct Authority and already offers fixed maturity futures on six trading pairs. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Crypto Facilities Launches Perpetual Futures London-based exchange Crypto Facilities announced … Read more

Crypto Price Review: Bitcoin, Ethereum and Ripple Are Bullish; Bitcoin Cash and Litecoin Struggle

Bitcoin (BTC) Bitcoin, the largest cryptocurrency by market cap, has shot up to $6,500. This past week has been an up-and-down journey for the cryptocurrency, with price swings from $6,400 all the way down to $6,090, but for the time being, bitcoin appears to be exhibiting bullish activity and expanding its horizons. Some of bitcoin’s … Read more

UK Exchange Launches First FCA-Regulated Bitcoin Cash Futures Contracts

The UK-based cryptocurrency futures exchange, Crypto Facilities, has announced the launch of the first Bitcoin Cash – Dollar (BCH/USD) futures. Crypto Facilities is regulated by the U.K. Financial Conduct Authority (FCA) and the new BCH futures products will join the firm’s other crypto-based contracts at 4 pm UK time on Friday, August 17th. Also read: Handcash … Read more

UK Firm Launches Ethereum Futures Trading

Ever since Bitcoin futures contracts became a thing, people have been wondering when other currencies would receive a similar treatment. Although that is not a straightforward process, some progress has been made where Ethereum is concerned. Crypto Facilities, a UK-based trading platform, has begun offering ETH/USD futures. Ethereum Futures Have Arrived With so many people … Read more